2018 in numbers: the year in retail
January - Retail footfall slipped down by 1.6% across the UK, the worst slide for the month since 2013. The sharpest decline was in Scotland, where footfall tumbled by 4.6%
- Online sales increased 13.9% year-on-year
February - Beast of the East Storm keeps shoppers inside their homes, helping a 13.1% increase of online sales year-on-year.
- With particularly prominent growth, Online health & beauty sales were up by 33.85% year on year for the month.
March - Toys R Us announces closure - out of town retail parks can’t keep up with convenience of online sales
- Tesco completes £3.7 billion acquisition of Booker Wholesale
April - Co-op announces £143m takeover of member-owned groceries wholesaler Nisa.
May - Asda & Sainsubury’s Merger
June - In just the first half of the year 24,205 retailers closed across 3,000 towns, cities, retail parks and shopping centres.
Tesco Direct closes down
October - Aldi launches 2 hour grocery delivery in London
Waitrose named as best supermarket for vegans, despite negative PR
November - Alibaba’s Single’s Day breaks record with $30.8 billion in sales in 36 hours
Debenhams closes 50 stores after an annual loss of £492m, the worst in its 240-year-history.
December - National Statistics shows online sales rose by 15.3 per cent over the year and now make up a record high of 18.2 per cent of all retail sales, which is 1 in every £5 spent online.